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India's 30% tax on crypto trading profits, effectively legitimizing the industry, has caused usage of Binance-owned WazirX, CoinSwitch, and others to surge (Bloomberg)


Bloomberg:

India’s 30% tax on crypto trading earnings, effectively legitimizing the business, has caused usage of Binance-owned WazirX, CoinSwitch, and others to surge  —  India’s determination to impose a 30% tax on earnings from cryptocurrency trading is popping out to be a boon for the nation’s digital-asset exchanges.

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